Technology News & Trends

Based on a recently published report, the global connectivity constraint computing market is expected to showcase an explosive competitive growth due to the booming IT industry in various parts of the world, observes TMR. Most competitors develop quality products and services that can make it easier to manage complex systems in sectors such as data management, military activities, finance, and others. Most players have realized the benefits of embracing automation, and innovate their products accordingly. Trends in future are expected to showcase computing services that are expected to solve connectivity issues with high precision. Key players in the global connectivity constraint computing market are Microsoft Corporation, TCS, Amazon.com, Cognizant, Wal-Mart Stores, Inc., Google, Inc., and amidst many other prominent companies. Based on geography, the global connectivity constraint market is categorized in five segment, viz. North America, South America, Europe, Asia Pacific, ...

The intense rivalry between key players, namely, ATALIAN Global Services, ISS World Services, Cresa, Sodexo, and Mace, points towards a highly competitive landscape of the facilities management market in France, finds a report by Transparency Market Research (TMR). Currently, the leading facilities management service vendors in this country are providing singular services and integrated service solutions to end-use companies. However, in a bid to sustain the competition, they are focusing on expanding their portfolios by introducing innovative and technologically advanced facilities management solutions in the near future, notes the study. As per the research report, the opportunity in the France market for facilities management, which stood at US$48.02 bn in 2015, is likely to expand at an impressive CAGR of 9.80% during the period from 2016 to 2024 and reach a whopping sum of US$110.4 bn by the end of the period for forecast. The demand for security services has been higher...

According to a recent report compiled by Transparency Market Research (TMR), the competitive landscape of the global smart locks market is prognosticated to show notable growth owing to the expansion of telecommunication networks and mobile computing devices. The market is estimated to expand at a remarkable rate within the next few years due to the surging focus towards investments of building smart city infrastructure that has aided the entire development of the smart locks market at a global level. Major players of the global smart lock market are Assa Abloy Group, Honeywell International Inc., Home Inc., Assa Abloy Group, Panasonic Corp., and Samsung SDS Co. Ltd. Major companies are investing huge amount of money into research and development activities in order to bring forth the progress of product development in the market. As per the TMR report, the global smart locks market is predicted to be worth US$ 1.01 bn between 2016 and 2024. The CAGR is estimated to be 18.30...

The India water purifier market is fairly consolidated as the landscape is dominated by just two players in 2015, finds Transparency Market Research (TMR). These leading companies--Kent Ro system Ltd. and Eureka Forbes—accounted for a leading share of 65.0% in the India water purifier market. However, the vendor landscape is characterized by high degree of competition in the regional market on account of several small and medium-scale sized companies foraying to tap into unmet needs. Top players focus on offering cost-effective water purifier equipment and are relying on better after-sales services to gain a better foothold in the India water purifier market. The India water purifier market stood at US$1.1 billion in 2015 and is projected to reach a worth of US$4.1 billion by 2024 end. During the forecast period of 2016–2024, the regional market is expected to clock a robust CAGR of 15.4%. Among the various technologies used in water purifiers, the reverse osmosis (RO) held ...

The global blockchain technology market depicts the presence of a highly competitive and emerging vendor landscape, says Transparency Market Research, on the basis of a recently published report. Such an intense competition mainly exists due to the presence of powerful and well-known players. Many businesses working in this market are focusing on mergers and acquisitions as key strategies, in order to gain extensive revenue. Enhancing product portfolio, bringing about geographical expansion, and increasing capacity of provision of blockchain processes, also are other important schemes implemented by most organizations operating in the global blockchain technology market. With the entry of new players on a regular basis, the level of competition is expected to dramatically increase during the forthcoming years. Microsoft Corporation, Ripple, IBM Corporation, Digital Asset Holdings LLC, Credits, Deloitte Touche Tohmatsu Limited, Chain Inc., Consensus Systems (ConsenSy), and R3, ar...

The global market for agriculture robots is presently at a developing stage and is expected to rise at a rapid rate throughout the forecast period, states a new research report presented by Transparency Market Research. The growing demand for advanced agriculture equipment and the influx of several new players are the key factors that are predicted to support the market growth in the next few years. In addition to this, the rising expenditure by the leading players on the research and development activities are likely to create potential development opportunities, thus enhancing the overall growth of the market in the coming years. Some of the key players in the global agriculture robots market across the globe are SenseFly SA., Naio Technologies, Harvest Automation, Inc., Clearpath Robotics, and PrecisionHawk, Inc. The rising collaborations and strategic partnerships among the players are projected to support the growth of the global agriculture robots market in the next few ye...

The global chatbot market depicts the presence of a highly competitive vendor landscape, says Transparency Market Research on the basis of a newly published report. Such a high spirit of competition mainly exists owing to the presence of technology-driven companies such as Google, Facebook, and Microsoft. In fact, these three companies held more than 90% of the share in the global chatbot market in recent times. However, several other companies such as Pandorabots, Inc., Slack Technologies, Inc., Astute Solutions, and Kasisto Inc., are tightening the competitiveness by bringing forth smart innovations to their services. Many players are also participating in important mergers and acquisitions in the form of key strategies to expand their presence in the global chatbot market. As per expert analysts, this market is projected to attain a valuation of US$0.94 bn by the end of 2024. This is a decent increase from an initial revenue of US$0.11 bn that was registered in 2015. Such a g...

The global internet of things market depicts the presence of a highly competitive, fragmented, and emerging vendor landscape, says Transparency Market Research on the basis of a newly published report. Such competitive mainly exists due to a rapid rise in the use of smart devices and technologies that operate through the internet. With the number of companies expected to increase in the next few years, the competition is predicted to highly intensify. Most players are focusing on improving their product quality, enhancing geographical reach, and facilitating product differentiation. Many companies in the global internet of things market are also focusing on participating in mergers & acquisitions, partnerships, and collaborations. Microsoft Corp., Cisco Systems, Inc., Amazon.com, Intel Corp, Google, Inc., and Apple, Inc., are key players operating in the global internet of things market. These companies are attempting to introduce new and advanced products into the industry on a...

Players such as HP, SanDisk, and Lexar are expected to continue dominating the U.S. USB 3.0 flash drives market. They also hold significant shares in Europe, along with Fischer Connectors and Toshiba Electronics. On the other hand, players such as Samsung, Kingston, Transcend, and SanDisk hold the leading shares within Asia Pacific. According to a research report released by Transparency Market Research, the U.S., Europe, and Asia Pacific USB 3.0 flash drives market is expected to hold intense competition over the coming years as more and more manufacturers of flash drives become attracted towards the idea of becoming a part of this high demand market. Key global players as well as regional vendors are pushing for greater product development in order to earn greater shares in the global USB 3.0 flash drives market. The development of high capacity USB 3.0 flash drives is a very common trend currently noticed in the global market.The global USB 3.0 flash drives market is expe...

The U.S. asset management IT solutions market is highly competitive due to the presence of several leading players in the market, observes a new report by Transparency Market Research. Due to the low initial capital required a large number of companies are foraying into the market further heating up competition in the market. Low product differentiation is also serving to heat up competition among market players. Hewlett Packard Enterprise Development LP, FundCount, QED Financial System, ProTrak International, Broadridge Investment Management Solutions, SoftTarget Inc., SimCorp Inc., eFront Financial Solutions, SunGard Finacials, and CreditPoint Software are to name some of the key names in U.S. asset management IT solution market. Key companies are mostly leveraging acquisitions and partnerships in order to garner a greater market share. The TMR report predicts the U.S. asset management IT solutions market to rise at a CAGR of 5.1% for the forecast period between 2016 and 2...

With consumers always on the lookout for a variety of burner-based products and services, the large number of local and global manufacturers in the global burner management systems (BMS) market exist along with a plethora of products to fulfill their demands, notes Transparency Market Research in a recent report. Our extensive research suggests that product development is all set to pitch new products towards the consumers, which also is a key strategy being utilized by major players in the global BMS market to clock better sales.  From a market share perspective, the competitive landscape is fairly fragmented, with the leading ten players accounting for about 45.0% of the total market share in 2015.  Siemens AG, Honeywell International and Alstom are a few top players in the global burner management systems (BMS) market. These companies have managed to outlast most of the other businesses in this industry, and have a firm base of operations.  Based on our studi...

Some of the most prominent names in the global IT asset management software marke t have a very strong presence in North America, making the regional market an immensely competitive one. According to a study by Transparency Market Research (TMR), ServiceNow Inc., Cherwell Software Inc., Hewlett Packard Enterprise Development, and Aspera Technologies, Inc. are some of the leading names operating in the North America market. In order to gain competitive advantage the market players are focusing on mergers and collaborations and partnerships. Besides these, companies offer customized solutions to help customers meet the ever-rising complexities in the IT environment. Between 2016 and 2024, the market is expected to rise at a CAGR of 6.9%. At this pace, the global IT asset management software market will reach US$13 bn by the end of 2024 as compared to US$708.9 mn in 2015. On the basis of size of enterprise, large enterprises will account for the leading share in the global market. ...

The advent of fiber-optic and coaxial cables has brought in rapid digitization across the world, leading to high utilization of wiring and cables in infrastructure as well as equipment. The humongous growth of information technology and the increasing number of enterprises and institutions that employ high-performance cabling has fueled the demand for advanced cable management systems for data and communication applications, finds a new study by Transparency Market Research. As a result, manufacturers of these systems are focusing aggressively on introducing new products and systems that are capable of adapting to these varying demands. Browse The Report: https://www.transparencymarketresearch.com/cable-mangement-system-market.html According to TMR, an upsurge in the adoption of communication technology is imminent in the near future. Market participants will need to increase research and development activities to cope up with rapidly evolving technologies. At the forefront o...

The global mobile money market is currently witnessing intense competition, which is expected to intensify further with the entry of new players in the coming years. As per a new study by Transparency Market Research (TMR), Square, Inc., PayPal Holdings, Inc., Boku, Inc., WePay, Inc., and Fortumo OÜ are some of the leading market players. These companies held nearly 40% of the global market in 2015. Leading companies in the market are looking to consolidate market share to gain competitive edge. For instance several companies are engaging in strategic collaborations, while several others are acquiring promising smaller players to have a stronger foothold in the global mobile money market. Furthermore, many emerging and established players are offering small and medium-sized companies user-friendly and secure features in order to gain competitive strength. Also as a part of their strategy, the market players are capitalizing on opportunities available in emerging economies across...

Scarfing machine is an equipment that is used for scarfing hot and cold work pieces and to remove defects from surfaces of square bloom, billets, or continuous cast slabs by using exothermic oxidation of oxygen and fuel gas. In order to manufacture high quality product, it is necessary to remove impurities from product surface. Any cracks or cavities on slabs, square bloom or billets can lead to financial damage. Scarfing machine is also used to remove decarburization layers or any other type of impure substance present on surface of work pieces. Browse The Report: https://www.transparencymarketresearch.com/scarfing-machine-market.html In scarfing process, scalp flaws and impurities of thermo-chemical are developed on the surface of the steel block by melting it with the help of fuel gas and oxygen to maintain a high quality in steel material Scarfing machine offers high standard of design along with latest safety regulations and high quality execution. Scarfing machines are ...

An elevator or lift is used to transport people or goods vertically between floors of a building. Generally, elevators are powered by electric motor with the help of cables and counterweight. As per the advancement in technology, more number of elevator manufacturing companies are working on obtaining maximum output by applying minimum input to save energy. As solar energy is free, a renewable source, and it is readily available, and causes no pollution hence, it can be used to generate electricity for elevators. With the help of solar cell or photovoltaic cell solar energy is converted into electrical energy, which is used by solar powered elevator. Solar panels are placed on the rooftop of building to generate power for solar elevator. Browse The Report: https://www.transparencymarketresearch.com/solar-powered-elevator-market.html The solar energy captured by the solar panels can stored in batteries or it can be used immediately for working of the elevator.  the elevato...

Trimmer capacitor are variable capacitors which save the purpose of initial calibration of equipment during manufacturing or servicing. Trimmer capacitors are generally directly mounted on the printed circuit boards (PCB), so the user does not have access to them, and set during manufacturing using a small screw driver. Because of its nature, the trimmer capacitors are cheaper than the full sized variable capacitors and related for many fewer adjustments. Trimmer capacitors are used to initially set oscillator frequency values, latencies, rise & fall times and other variables in a circuit. To check the values drift over time, these trimmer capacitors allow repairmen to re-calibrate equipment when needed. Browse The Report:  https://www.transparencymarketresearch.com/trimmer-capacitor-market.html Basically there are two types of capacitor air trimmer capacitors and ceramic trimmer capacitors. There are different characteristics of these trimmer capacitors such as volta...

Waterproof LED module applicable in an event of fully submerge of LED module in water. The enclosure of waterproof LED module protect it from foreign bodies, may include solid bodies and moving parts, such as debris, dust, and other solid matter, as well as it protect from liquid and moisture. The waterproof LED modules protection level is defined by sealing effectiveness of electrical enclosures against intrusion from foreign bodies. To define protection level of waterproof LED module, two digit IP (Ingress Protection) rating number is used, where first digit indicate protection from solids and second digit indicate protection from liquid and moisture. Browse The Report: htt ps://www.transparencymarketresearch.com/waterproof-led-module-market.html IP 68 rating is suitable for protection against prolonged submersion of LED module in water, rating below this such as IP 67 is suitable for protected against the events of temporary submersion for around 10 minutes. These high rat...

According to a new market report published by Transparency Market Research the global IT spending in retail industry market is expected to reach a value of US$ 188.5 Bn by 2026, due to increasing adoption of advance technology by retail companies. The market is projected to expand at a CAGR of 6.5% during the forecast period from 2018 to 2026. North America is expected to hold the dominant position in the market followed by Europe and Asia Pacific during the forecast period. 5G provides significant speed compared to previous communication technologies. 5G enabled mobile networks are set to offer average speeds of around 1GBP, which is expected to significantly reduce latency, reduce power consumption, and support increased connection density of devices on the network. This is important for the increasing number of connected devices such as mobile phones and IoT devices. 5G is expected to greatly affect the adoption of Internet of Things (IoT) technology, with the increased speed,...

According to a new market report published by Transparency Market Research), the global wireless RFID readers market was valued at US$ 3,319.4 Mn in 2016 and is projected to expand at a compound annual growth rate of 11.9% from 2018 to 2026, reaching US$ 10,127.4 Mn by the end of the forecast period. According to the study, North America was the largest contributor in terms of revenue and volume to the wireless RFID readers market in 2016. This is mainly due to robust technological advancement and considerable application of wireless RFID readers among different industries such as retail and healthcare across the region. RFID enables retail enterprises and consumers identify, engage, transact, locate, and authenticate assets and personnel. Radio Frequency Identification (RFID) tags are small chips which are fixed on items and uses electromagnetic fields for tracking the object. Continuous spending by enterprises of all sizes on technologically advanced RFID readers is the major ...

The vendor landscape of the global submarine sensors market is intensely competitive and features the presence of several prominent vendors. So as to sustain in the highly competitive market, companies are focused on the development of advanced, high-quality, and economical products. Investments aimed at geographical expansion, improving R&D and distribution networks across lucrative regional markets, and strategic partnerships with leading submarine manufacturers are also some of the key growth strategies adopted by vendors operating in the global submarine sensors market. Some of the leading companies operating in the global submarine sensors market are Atlas Elektronik, Safran Electronics & Defense, Harris, DRS Technologies, Lockheed Martin, L­3 KEO, Northrop Grumman, Ducommun, and Raytheon. According to the report, the global submarine sensor market is expected to expand at a CAGR of 3.6% over the period between 2017 and 2025, rising from a valuation of US$230.48...

In the highly competitive vendor landscape of the global integrated passive devices market , companies are investing more on mergers and acquisitions with the aim of expanding their product portfolios and geographical presence, observes Transparency Market Research in a recent report. Focus on research and development activities with the aim of introducing innovative products has also substantially increased in the market. Some of the leading companies in the market are Texas Instruments, Qorvo, Inc., Murata Manufacturing Co., Ltd, NXP semiconductors, Broadcom, On Semiconductor Corporation, Taiwan Semiconductor Manufacturing Company Limited, Johanson Technology, Inc., STMicroelectronics, MACOM, and CTS Corporation. According to the report, the global integrated passive devices market is projected to expand at a CAGR of 10.72% during 2017 and 2025, rising to a valuation of US$1,646.6 mn by 2025. Get PDF Sample for this Research Report @ https://www.transparencymarketresear...

The global market for grow light has intense competition among the manufactures and the service provider, observes Transparency Market Research (TMR). The prominent players in the market are making efforts to grow their geographical reach by investing in mergers and acquisitions. These players are also expanding their reach in emerging economies to grab opportunities in those regions. Prominent players in the global grow light market include Illumitex, LumiGrow Inc., Philips Lighting, General Electric Company, Heliospectra AB, OSRAM Licht Group, Gavita International B.V., and Sunlight Supply, Inc. According to TMR, the global grow light market is expected to increase at 8.46% of CAGR during the forecast period 2017 to 2025. The valuation of the market is anticipated to reach US$6.59 bn by the end of 2025.  On the basis of technology, the LED segment is expected to lead the market owing to the vast advantages of LED lights. LED lights are energy efficient, long life, an...

According to a new market report on mid-infrared lasers market , published by Transparency Market Research. The global  mid-infrared lasers market is expected to reach US$ 1,763.0 Mn by 2026, expanding at a CAGR of 11.4% from 2018 to 2026. According to the report, the global market will continue to be influenced by applications in defense and security in the form of explosive detection and nuclear and narcotic material detection, among others. Asia Pacific will continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of 12.9% through 2026.  The penetration of mid-infrared lasers has risen over the past few years in applications ranging from free space communication to medical diagnostic, as mid-IR spectrum offers very high optical transmission with low scattering. Furthermore, in developing economies such as India and China, the impact of these factors is expected to be high owing to increased spending across the health care, IT...

The global LED retrofit market was valued at US$ 2,046.7 Mn in 2016 and is projected to register cumulative annual growth rate (CAGR) of over 9.25% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “ LED retrofit Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The LED retrofit market is expected to grow significantly due to increased cost efficiency and long life duration. The report suggests that the prominent adoption of LED lighting is expected to boost the LED retrofit market at the global level for the forecast period of 2018-2026. Additionally, LED based solutions are gaining popularity in residential and commercial applications, which holds a significant share in the market. Furthermore, multiple states of the U.S. have adopted LEDs due to these large number of benefits. For instance, in April 2017, General Electric, a leading lighting solutions company, published a report stating ...

According to a new market, report published by Transparency Market Research the global upstream petrotechnical training services market was valued at US$ 734.8Mn in 2016 and is expected to expand at a CAGR of 6.3% from 2018 to 2026, reaching US$ 1,315.3 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the  The global upstream petrotechnical training services market is expected to witness considerable growth due to rising demand for skilled workforce in upstream petrotechnical industry across the globe. The oil and gas industry requires skilled workforce due to technological advancement. Hence, upstream petrotechnical companies (both operators and service providers) are focusing on enhancing workforce skills by providing training. Moreover, government policies and regulations regarding safety of workers is expected to boost training services in the upstream petrotechnical market. Operators and se...

According to a new market report published by Transparency Market Research the global storage area network (SAN) solutions market is expected to reach a value of US$ 24,461.5 Mn by 2026 on account of the substantial adoption of SAN hardware, software, and services across the world. The market is projected to expand at a CAGR of 4.4% during the forecast period from 2018 to 2026. Asia Pacific is anticipated to be a rapidly expanding region of the market, followed by Europe during the forecast period. In terms of application, the Information Technology (IT) and telecom segment is projected to offer lucrative opportunities, due to rising number of enterprises and increasing investments in advance technologies across the globe.  Rising Adoption of Fiber Channel Over Ethernet Technology across the World Driving the SAN Solutions Market  Growing cloud computing solutions and data centers around the globe is fuelling the growth of the SAN solutions market. Additionally, c...

According to a new market report published by Transparency Market Research the global IT spending in retail industry market is expected to reach a value of US$ 188.5 Bn by 2026, due to increasing adoption of advance technology by retail companies. The market is projected to expand at a CAGR of 6.5% during the forecast period from 2018 to 2026. North America is expected to hold the dominant position in the market followed by Europe and Asia Pacific during the forecast period. Adoption of 5G Technology by E-commerce Companies Accelerating IT Spending in Retail Industry 5G provides significant speed compared to previous communication technologies. 5G enabled mobile networks are set to offer average speeds of around 1GBP, which is expected to significantly reduce latency, reduce power consumption, and support increased connection density of devices on the network. This is important for the increasing number of connected devices such as mobile phones and IoT devices. 5G is expecte...

According to a new market report published by Transparency Market Research), the global wireless RFID readers market was valued at US$ 3,319.4 Mn in 2016 and is projected to expand at a compound annual growth rate of 11.9% from 2018 to 2026, reaching US$ 10,127.4 Mn by the end of the forecast period. According to the study, North America was the largest contributor in terms of revenue and volume to the wireless RFID readers market in 2016. This is mainly due to robust technological advancement and considerable application of wireless RFID readers among different industries such as retail and healthcare across the region. RFID enables retail enterprises and consumers identify, engage, transact, locate, and authenticate assets and personnel. Radio Frequency Identification (RFID) tags are small chips which are fixed on items and uses electromagnetic fields for tracking the object. Continuous spending by enterprises of all sizes on technologically advanced RFID readers is the major ...

According to a new market report published by Transparency Market Research the global edutainment market is estimated to reach US$ 10,120.2 Mn by the end of the forecast period 2027. According to the report, North America was the largest contributor in terms of revenue to the edutainment market in 2017. This is primarily due to strong technological advancement and considerable application of edutainment in banks and financial institutions across the region. Gaming is the most adopted method for education; it helps promote learning among children. Most pre-school and kindergarten providers have realized that open-ended play in the right environment helps children develop and learn emotionally, cognitively, socially, and physically. This is a major factor that is expected to boost the edutainment market during the forecast period. Innovation in games, need for physical activity in today’s lifestyle, and substantially increasing investment by established players are some of the major...

According to a new report published by Transparency Market Research titled “ Digital Pump Controller Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital pump controller market was valued at US$ 8.20 Bn in 2017 and is expected to reach US$ 14.64 Bn by 2026, expanding at a CAGR of 6.6% from 2018 to 2026. Asia Pacific was a significant contributor to the global digital pump controller market in terms of revenue in 2017 due to high adoption of digital pump controllers in agriculture and oil & gas industries, especially in India and Japan. Ease of use and environment-friendly features of digital pump controllers to drive market growth Technological advancement drives the growth of the digital pump controller market. Increase in use of solar water pumps, especially in agriculture and irrigation, is boosting the demand for digital pump controllers across the world. Digital pump controllers eliminate the need of manual swit...

According to a new market report published by Transparency Market Research the global IT Asset Disposition (ITAD) market was valued at US$ 10,741.8 Mn in 2016 and is expected to expand at a CAGR of 7.3% from 2019 to 2027, reaching US$ 23,184.9 Mn by the end of the forecast period. According to the report, the global IT Asset Disposition (ITAD) market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of about 8.7% throughout the forecast period. The frequency of introduction of new products and categorical innovations in the IT industry indicates the industry’s constantly evolving landscape. The IT industry has touched a point where Big Data analytics, cognitive computing, cloud computing, and the fastest-growing Internet of Things (IoT) are changing businesses worldwide. Increasing usage of information and communication techn...